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Domestic gold price skyrocketed, adding 1.5 million dong/tael

Updated until late this afternoon, gold price The domestic market continued to increase sharply by 1 million dong/tael compared to this morning and surpassed the 71 million dong/tael mark.

At 16:30, the price of SJC gold bars at Phu Nhuan Jewelry (PNJ) was listed at 70.3-71.0 million VND/tael, up about 1.3 million VND/tael compared to the previous session.

Similarly, DOJI Group has also adjusted the price of SJC gold to 70.35-71 million VND/tael. Bao Tin Minh Chau also increased to 70.2-71 million VND/tael.

In the international market, the gold price is approaching the level of 2,000 USD/ounce. Currently, the spot gold price stands at $1,995/oune, up more than $20/ounce since opening.

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At 9:00 am on April 18, Phu Nhuan Jewelry listed the price of SJC gold bars at 69.4-70 million VND/tael. increased by 400 thousand dong/tael of buying and 300 thousand dong/tael of selling compared to the end of last week.

Similarly, DOJI Group also increased by 300 thousand dong/tael for buying and 200,000 dong/tael for selling to 69.45-70.05 million dong/tael. Gold, silver and gems in Saigon also increased the price of gold bars to 69.5-70.1 million VND/tael.

In the world, the price of gold has just spiked to $1,990/ounce in the early hours of this morning. Currently, spot gold price fell slightly to $1,985 per ounce.

The results of the Kitco News survey showed that this week, most of the 13 analysts polled on Wall Street were optimistic when asked about their gold price expectations next week, with 46% predicting a price increase. , 31% forecast price declines and expect a sharp drop in price; and the remaining 23% have a neutral opinion.

On Main Street, the percentage of people betting that gold prices will increase next week is even higher than on Wall Street, with 1,254 retail investors surveyed, 72% predict the price will increase, 16%. forecast for a decline and 12% for the price to move sideways. This is the week with the highest number of Main Street respondents since Nov. 19.

Investors remained optimistic about the gold price outlook, despite the tightening of monetary policy by the US Federal Reserve and other central banks around the world. An increase in interest rates is unlikely to combat rising inflation.

https://cafef.vn/gia-vang-trong-nuoc-tang-manh-vuot-moc-70-trieu-dong-luong-20220418102624192.chn

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